Tech
Tencent Is Reported to Have Leased 100,000 AI Chips From Oracle in a Five-Year Deal Worth About $7 Billion
The Financial Times said the capacity sits in Southeast Asian data centers, a structure that would give the Chinese company offshore access to advanced processors.
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By Tomás Videla
Oct 1, 2026 · 2 min read
Tencent has agreed to lease roughly 100,000 advanced AI chips from Oracle in a five-year arrangement worth about $7 billion, according to a Financial Times report circulated Thursday and picked up by Benzinga, TrendForce and Business Recorder.
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Tomás Videla
Tomás writes about growth-stage companies, compensation and the private markets that fund them.
Tomás writes about growth-stage companies, compensation and the private markets that fund them.